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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: herenow_2 who wrote (97695)	3/8/2008 6:28:52 AM
From: Ed Ajootian	Read Replies (3) \| Respond to of 206316

herenow, Petrosearch (PTSG) -- I don't own that any more, and blew out my last tiny position in it after the last PR. The moral of the story is that I'm sick of investing in managements that are "oil & gas wannabees", those guys rarely succeed in this business. I now restrict my investments to companies who are being run by folks that have already proven themselves in this business earlier in their careers. And that means the operations side, not being a "consultant". If you like penny stocks you ought to look at Baseline Oil & Gas (BOGA). They made 2 large acquisitions, took on a huge amount of costly debt to do so, had a rough start, but appear to have turned the corner and I believe they are now well on their way to putting up some great numbers. Best of luck with Petrosearch, in this market they might still be able to salvage that company.